STOCKWATCH: Manulife Financial short-term resistance at HK$208
Manulife Financial (0945) had been building triangle consolidation shape since the retreat in Jan. and then churning up in narrow range steadily along the 10 -day MA line after it completed the triangle consolidation in late April. From its recent trend, with various technical indicators showing consolidation, it is expected to maintain narrow-range consolidation in the short run. Investors can hold it patiently. Near-term resistance stance set at HK$208 and supporting stance at HK$203. Non-buyers can collect it at low for mid-term at
Related stock : (945)